Rate Of Return
Traded ValueJust took a look at the F10, SK Hynix's ADR is priced at $158.14, honestly a bit lower than expected, but this is actually a good thing! With AI computing power so hot right now and HBM memory in short supply, as the global number two, this price is clearly undervalued. As long as it doesn't break the issue price upon listing, it can definitely catch up later riding the AI tailwind. I'm bullish on this wave, waiting for the market open on Friday to grab shares!
[Reward] The largest overseas company IPO in US stock market history! SK hynix to debut on Nasdaq this Friday
On July 10th (this Friday), storage giant SK Hynix officially listed on NASDAQ in the form of ADRs, with the ticker $SK Hynix(SKHYV.US), where 10 ADRs = 1 ordinary share. The fundraising scale is approximately $28 billion (43 trillion Korean won), setting a record for the largest initial fundraising by an overseas company in U.S. stock market history! Cornerstone investors such as Baillie Gifford, Coatue, and Situational Awareness Partners have indicated their intention to subscribe to over $7 billion, accounting for nearly 1/4 of the issuance size...
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
